Related Summaries

Carmakers are competing with technology companies such as Google and Apple for control of the connected vehicle, states this report, which chronicles the chase for creating a common operating system for the next generation of telematic software. Increasingly, companies are pursuing advanced automotive and computing systems. "We're arguing now you need supercomputing in the car," said Danny Shapiro of chipmaker Nvidia.

Facebook-owned application-development platform Parse has plans to continue building virtual reality and other next-generation technology, according to CEO Ilya Sukhar. Virtual reality headset maker Oculus is among the companies for which Parse can already create applications.

Lockheed Martin CEO Marillyn Hewson says her company's partnership with Boeing gives them an edge over Northrop Grumman to win an Air Force contract to build the next-generation bomber. Northrop, however, argues that its experience building the Air Force's B-2 Spirit makes it a shoo-in for the deal. The Air Force wants the planes in place by 2040 to replace its fleet of B-52 and B-1 bombers.

Video and advertising applications will get a revenue boost in China thanks to the rollout of next-generation broadband networks, according to In-Stat. "In an era where people can't live without the Internet, accessing the Internet via a handheld is obviously the next big thing," In-Stat said.